The real estate company said that the buyback will be carried out at a maximum price of ₹171 per share through the open market route using the stock exchange mechanism. The offer is open to all shareholders other than the promoters, promoter group and persons acting in control of the company.
At the maximum buyback price and size, the company will repurchase up to 99 lakh shares, representing 2.45% of its existing paid-up equity share capital.
The board has also constituted a buyback committee and delegated the necessary powers to it to oversee the process. The company said a public announcement detailing the process, timelines and other statutory requirements will be released in due course.
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Man Infra shareholding pattern
As of June 2026, promoters and the promoter group held 62.52% stake in Man Infra, while public shareholders owned the remaining 37.48%.
Promoter and promoter group holdings stood at 25.24 crore shares. Promoter Parag Kishor Shah held 29.73%, while Mansi Parag Shah held 14.80%. Manan Parag Shah, part of the promoter group, held 8.74%, and Vatsal Parag Shah held 8.67%.
Among public shareholders, resident individuals holding shares worth more than ₹2 lakh accounted for the largest share at 13.95%, followed by resident individuals holding shares worth up to ₹2 lakh at 11.07%, while mutual funds held 1.13%.
The company’s total outstanding equity stood at 40.37 crore shares as of June 2026. The proposed buyback of up to 99 lakh shares represents roughly 2.45% of the company’s current outstanding equity.
Impact on shareholding
According to the company’s indicative post-buyback shareholding pattern, assuming the maximum 99 lakh shares are bought back at ₹171 apiece, the promoter and promoter group holding would rise to 64.09% from 62.52%. Public shareholders’ holding would correspondingly decline to 35.91% from 37.48%.
The company said the actual number of shares bought back could be higher than 99 lakh if the shares are acquired below the maximum price of ₹171, subject to the maximum buyback size of ₹169.29 crore.
Shares of the company were trading 1.4% up at ₹124.35 following the share buyback announcement on Tuesday. The stock has fallen over 2.5% this year, so far and about 22% over the last 12 months.
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